Buffalo Island Community Foundation

Analysis

Buffalo Island Community Foundation is a registered charity in United States, based in Monette, AR. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Buffalo Island Community Foundation reported income of $250k and spending of $33k, leaving 87% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $171k to $250k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 7.8% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Buffalo Island Community Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within AR. Charities of a similar size with the same main cause include Mountain Thrift Shoppe ($250k), Old School Farm Inc ($250k) and St Philips Preservation and Endowment Foundation Inc ($250k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% of the total. At year end it held assets of $1.1m against liabilities of $156k, net assets of $966k.